01.04.202515:41:43UTC+00European Stocks Rebound Ahead US Tariff Rollout

European markets experienced a rebound on Tuesday, with both the Stoxx 50 and Stoxx 600 indexes climbing by more than 1%. This recovery follows a challenging four-day decline during which the indexes dropped around 1.5% to reach their lowest levels in two months. This decline was primarily driven by investor concerns surrounding President Trump’s impending trade tariffs, which are slated to be implemented on Wednesday. There remains ambiguity about the exact details of the tariffs, although reports indicate the possibility of a 20% levy on most imports from the United States. On the economic front, Eurozone inflation settled at 2.2% in March, aligning with market expectations. In corporate developments, Thyssenkrupp shares soared by over 7% after analysts at Kepler Cheuvreux upgraded their rating of the stock to "buy," attributing this decision to anticipated increases in steel and defense spending in Germany.